Increase in Insurance Premiums

Posted on 7th November 2018

MG Legal, your accident injury solicitors can report that, according to a recent review of the insurance industry, the only way cuts can possibly be made by insurers (and passed on to motorists) is if more insurers are introduced into the insurance market. Prolific road traffic accidents solicitors, MG Legal, personal injury solicitors Preston, note that there are no more than nine insurers insuring and underwriting vehicles in the UK, many trading through 2 or more of the names you see on any comparison website.

Insurance premiums for the average motorist increased by 11 percent in 2017- this despite the Association of British Insurers promising to pass on cuts to motorists if the Government would assist and bring in measures to stop people suffering whiplash injuries from claiming compensation. Despite the ABI advising that 2,400.00 fraudulent claims a week had been prevented, this apparently making a saving of 25 million pounds per week, accident compensation solicitors costs have been cut, with some of those injured arguing that there are less accident injury solicitors to turn to, with at least one law firms Preston losing potential clients as a result.

However, despite all the cuts, and changes, help is still at hand. MG Legal, solicitors in Preston Lancashire, are, unlike most other road traffic accident solicitors, on hand 7 days a week to accept your claim. If you are looking for a Lancaster law firm, accident claims solicitors or solicitors who deal with medical negligence, then please do not hesitate to get in touch on enquiries@mglegal.co.uk. The insurance industry may not be passing on the costs they have saved to the motorist but this doesn’t mean you shouldn’t be able to have the best medical negligence and accident injury solicitors fighting your corner. The average cost of insuring your car in 2017 was £484. So, MG Legal, your Preston law firm ask the question: if you have been injured, and it wasn’t your fault, why should you not pursue a claim for personal injury compensation? And when you do, use the best Lancaster law firm. MG Legal.